Project · Business Bay · Sale prices

Paramount Tower Hotel & Residences Property Prices 2026

The median property sale price in Paramount Tower Hotel & Residences was ⃃ 2,368,000 in the 12 months to 16 Oct 2026, based on 38 registered sales — 8.2% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 2,010 (+3.5% year on year). That is 66.8% above the Dubai-wide median of ⃃ 1,420,000 for the same property mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 38 salesUpdated: 17 Oct 2026
Median sale price
⃃ 2,368,000
+8.2% YoY
38 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 2,010
+3.5% YoY
38 sales · the 12 months to 16 Oct 2026
Registered sales
38
−34.5% YoY
worth ⃃ 79.1M · the 12 months to 16 Oct 2026
Gross rental yield
6.55%
median rent ⃃ 155,000/yr · yield details

What are the key price figures for Paramount Tower Hotel & Residences?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 2,368,00012 months to 16 Oct 202638 sales; +8.2% vs the same 12 months a year earlier
Median price per sq ft⃃ 2,01012 months to 16 Oct 202638 sales; +3.5% vs the same 12 months a year earlier
Number of sales3812 months to 16 Oct 2026−34.5% vs the same 12 months a year earlier
Total sales value⃃ 79,098,32312 months to 16 Oct 2026−36.3% vs the same 12 months a year earlier
Lowest / highest sale⃃ 630K – ⃃ 3.49M12 months to 16 Oct 2026single registered sales (not typical prices)
Median annual rent⃃ 155,00012 months to 16 Oct 2026267 units currently rented
Gross rental yield6.55%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation+6.0%12 months to 16 Oct 2026change in property value over the period
Units on record881current37 sold in the 12 months to 16 Oct 2026 (4.2% of stock)
Units available for sale120currentactive listings matched to units
Developer (primary) median price⃃ 1,717,000all time785 developer sales; ⃃ 1,800 per sq ft
Launch date21/06/2015—project record
Completion / handover date15/11/2021—project record

How have property prices in Paramount Tower Hotel & Residences changed since 2014?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2014–2026 (to 16 Oct 2026)
Paramount Tower Hotel & Residences median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
201415,988
2015601,952
2016652,031
2017102,162
2018101,866
20191591,758
20201621,400
20211351,625
20222051,798
20231271,844
2024981,955
2025501,940
2026 YTD272,053
Registered sales and median price per sq ft by year, Paramount Tower Hotel & Residences. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)27part year⃃ 59.22M⃃ 2,450,000⃃ 2,053+5.8%
202550−49.0%⃃ 99.91M⃃ 2,090,000⃃ 1,940−0.8%
202498−22.8%⃃ 218.02M⃃ 2,344,500⃃ 1,955+6.0%
2023127−38.0%⃃ 265.25M⃃ 2,100,000⃃ 1,844+2.5%
2022205+51.9%⃃ 357.86M⃃ 1,787,000⃃ 1,798+10.7%
2021135−16.7%⃃ 246.96M⃃ 1,920,273⃃ 1,625+16.1%
2020162+1.9%⃃ 273.92M⃃ 1,639,754⃃ 1,400−20.4%
2019159+1490.0%⃃ 257.65M⃃ 1,529,000⃃ 1,758−5.8%
2018100.0%⃃ 17.86M⃃ 1,411,675⃃ 1,866−13.7%
201710−84.6%⃃ 18.26M⃃ 1,693,963⃃ 2,162+6.5%
201665+8.3%⃃ 124.63M⃃ 1,610,400⃃ 2,031+4.1%
201560+5900.0%⃃ 150.96M⃃ 2,293,775⃃ 1,952−67.4%
20141—⃃ 140M⃃ 140,000,000⃃ 5,988—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · all years

How does Paramount Tower Hotel & Residences compare with Business Bay and Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricParamount Tower Hotel & ResidencesBusiness BayDubai
Median sale price⃃ 2,368,000⃃ 2,193,000⃃ 1,420,000
Median price per sq ft⃃ 2,010⃃ 2,500⃃ 1,740
Price per sq ft YoY+3.5%+5.0%+6.4%
Sales387,949173,241
Gross rental yield6.55%4.74%4.44%

What are the latest registered sales in Paramount Tower Hotel & Residences?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
15/10/2026Paramount Tower Hotel & Residences1 bed · Apartment679 sq ft⃃ 1,400,000⃃ 2,062Resale · Ready
15/10/2026Paramount Tower Hotel & Residences3 beds · Apartment1,644 sq ft⃃ 2,742,651⃃ 1,668Resale · Ready
07/09/2026Paramount Tower Hotel & Residences2 beds · Apartment1,167 sq ft⃃ 2,350,000⃃ 2,014Resale · Ready
13/08/2026Paramount Tower Hotel & Residences2 beds · Apartment1,364 sq ft⃃ 2,725,000⃃ 1,998Resale · Ready
03/07/2026Paramount Tower Hotel & ResidencesStudio Apartment477 sq ft⃃ 777,215⃃ 1,629Resale · Ready
29/06/2026Paramount Tower Hotel & Residences2 beds · Apartment1,290 sq ft⃃ 2,655,000⃃ 2,058Resale · Ready
25/06/2026Paramount Tower Hotel & Residences2 beds · Apartment1,364 sq ft⃃ 3,200,000⃃ 2,346Resale · Ready
16/06/2026Paramount Tower Hotel & Residences1 bed · Apartment843 sq ft⃃ 2,018,990⃃ 2,395Resale · Ready
09/06/2026Paramount Tower Hotel & Residences3 beds · Apartment1,644 sq ft⃃ 3,000,000⃃ 1,825Resale · Ready
05/06/2026Paramount Tower Hotel & Residences3 beds · Apartment1,644 sq ft⃃ 2,794,398⃃ 1,700Resale · Ready

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How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, villas, commercial units, buildings and plots, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/paramount-tower-hotel-residences
Paramount Tower Hotel & Residences Property Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/paramount-tower-hotel-residences

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Paramount Tower Hotel & Residences?
The median property sale price in Paramount Tower Hotel & Residences was ⃃ 2,368,000 in the 12 months to 16 Oct 2026, from 38 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Paramount Tower Hotel & Residences?
The median price per square foot of Paramount Tower Hotel & Residences was ⃃ 2,010 in the 12 months to 16 Oct 2026, +3.5% compared with the same 12 months a year earlier.
How many properties were sold in Paramount Tower Hotel & Residences in the last 12 months?
38 sales worth ⃃ 79,098,323 were registered in Paramount Tower Hotel & Residences in the 12 months to 16 Oct 2026 (−34.5% year on year).
Are property prices in Paramount Tower Hotel & Residences going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of Paramount Tower Hotel & Residences changed +3.5%. In calendar year 2025 it was ⃃ 1,940 (−0.8% on 2024), and ⃃ 2,053 so far in 2026.
What is the rental yield in Paramount Tower Hotel & Residences?
The gross rental yield of Paramount Tower Hotel & Residences is 6.55% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 155,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/paramount-tower-hotel-residences